Asana Inc (NYSE: ASAN) on Tuesday, plunged -3.36% from the previous trading day, before settling in for the closing price of $13.99. Within the past 52 weeks, ASAN’s price has moved between $11.29 and $24.81.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 55.10%. The company achieved an average annual earnings per share of -0.89%. With a float of $81.56 million, this company’s outstanding shares have now reached $139.24 million.
The extent of productivity of a business whose workforce counts for 1840 workers is very important to gauge.
Asana Inc (ASAN) Insider Updates
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Asana Inc is 64.24%, while institutional ownership is 26.05%. The most recent insider transaction that took place on Jun 24 ’24, was worth 64,737. In this transaction GC, Corporate Secretary of this company sold 4,999 shares at a rate of $12.95, taking the stock ownership to the 384,150 shares. Before that another transaction happened on Jun 20 ’24, when Company’s Chief Financial Officer sold 28,856 for $11.44, making the entire transaction worth $330,026. This insider now owns 1,050,284 shares in total.
Asana Inc (ASAN) Performance Highlights and Predictions
As on 4/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.04 earnings per share (EPS) for the period topping the consensus outlook (set at -0.11) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.89% per share during the next fiscal year.
Asana Inc (NYSE: ASAN) Trading Performance Indicators
Asana Inc (ASAN) is currently performing well based on its current performance indicators. A quick ratio of 1.66 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.16, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.02 in one year’s time.
Technical Analysis of Asana Inc (ASAN)
The latest stats from [Asana Inc, ASAN] show that its last 5-days average volume of 2.12 million was superior to 2.1 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 91.32%. Additionally, its Average True Range was 0.66.
During the past 100 days, Asana Inc’s (ASAN) raw stochastic average was set at 24.96%, which indicates a significant decrease from 73.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.76% in the past 14 days, which was higher than the 53.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.17, while its 200-day Moving Average is $17.18. Now, the first resistance to watch is $13.96. This is followed by the second major resistance level at $14.40. The third major resistance level sits at $14.70. If the price goes on to break the first support level at $13.22, it is likely to go to the next support level at $12.92. Assuming the price breaks the second support level, the third support level stands at $12.48.
Asana Inc (NYSE: ASAN) Key Stats
Market capitalization of the company is 3.08 billion based on 228,104K outstanding shares. Right now, sales total 652,500 K and income totals -257,030 K. The company made 172,450 K in profit during its latest quarter, and -63,720 K in sales during its previous quarter.
